Dependent variable and prtystra, democa, log(expenda), and

 Estimate a model with voteA as the dependent variable and prtystrAdemocA, log(expendA), and log(expendB) as independent variables. Obtain the OLS re-

siduals, uˆi, and regress these on all of the independent variables. Explain why you obtain R2 5 0.

(ii)     Now, compute the Breusch-Pagan test for heteroskedasticity. Use the Fstatistic version and report the p-value.

(iii)    Compute the special case of the White test for heteroskedasticity, again using the

statistic form. How strong is the evidence for heteroskedasticity now?


Calculate your essay price
(550 words)

Approximate price: $22

How it Works


It only takes a couple of minutes to fill in your details, select the type of paper you need (essay, term paper, etc.), give us all necessary information regarding your assignment.


Once we receive your request, one of our customer support representatives will contact you within 24 hours with more specific information about how much it'll cost for this particular project.


After receiving payment confirmation via PayPal or credit card – we begin working on your detailed outline, which is based on the requirements given by yourself upon ordering.


Once approved, your order is complete and will be emailed directly to the email address provided before payment was made!